Insurance penetration in India stood at 2.72% in 2015, according to the Insurance Regulatory and Development Authority of India (Irdai). The highest penetration level for India, measured as ratio of premium to gross domestic product, was in 2009 when it was at 4.6%. In an interaction with Mint Money, Trevor Bull, managing director and chief executive officer, Aviva Life Insurance Co. India Ltd, talked of reasons behind the low intake of insurance in India while highlighting the need for higher professionalism in insurance distribution. Edited excerpts: